Updated
Updated · Forbes · Aug 10
Larry Ellison Overtakes Jensen Huang for No. 7 Spot at $190.6 Billion as Oracle Rallies
Updated
Updated · Forbes · Aug 10

Larry Ellison Overtakes Jensen Huang for No. 7 Spot at $190.6 Billion as Oracle Rallies

2 articles · Updated · Forbes · Aug 10

Summary

  • Larry Ellison’s net worth reached $190.6 billion Monday, putting the Oracle co-founder ahead of Nvidia CEO Jensen Huang as the world’s seventh-richest person.
  • Oracle shares rose 2.6% to about $151, adding $2.9 billion to Ellison’s fortune, while Nvidia fell 2.6% to roughly $218, cutting nearly $4 billion from Huang’s net worth to $187.8 billion.
  • Oracle has climbed for three straight sessions and is up 5.4% over five days, recovering from a late-July low near $115; Nvidia has also rebounded, gaining 6.2% over the same stretch after slipping to $190 in July.
  • The ranking shift comes despite Oracle stock still being down 23% this year after a July credit downgrade and heavy AI-infrastructure borrowing, while Huang remains more than $30 billion richer than at the end of 2025 as Nvidia rides strong AI demand.

Insights

With Nvidia's Vera Rubin launching in late 2026, can Jensen Huang leverage new AI hardware to reclaim his wealth ranking?
As Oracle bets billions in debt on AI infrastructure, will its massive backlog save it before the financial bubble bursts?
Beyond the billionaire rivalry, are we witnessing a sustainable AI technology boom or a debt-fueled infrastructure mirage?